1. #1
    Big Bear
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    Need Advice on hedging Super Bowl

    Aight fellas I may have started another thread about this in the NFL forum awhile back but i couldnt find it...

    anyhow i got a seahawks to win super bowl future and i stand to have $4,400 coming
    to me (which includes the $800 i have invested )if Seahawks win.

    and i will have $2,020 if Patriots win which includes what i had to put down to hedge...

    I feel very fortunate that the Seahawks had a miracle come back and have made it this far so i feel like i had to hedge to ensure i get atleast some profit since the Seahawks covered 6 out of the last 8 games since i picked them to win super bowl and could potentially still not win the big game

    BUT what really bothers me is i had paid a ton of money in juice to hedge on this... i got -120 and i got -115 and -113... i dont have the numbers in front of me but i estimate i paid about $200-$300 in juice!

    right now i can get Patriots - 1 at -101 and i hate that i hedged and got a bad line so i am thinking about putting more on this

    Or maybe i should buy the Patriots bets back with Seahawks ML -102 and essentially not hedge at all bc this line movement probably means Seattle wins

    Basically i'm not really rollin in cash right now so i kinda need to make sure i get something out of this so i will be str8 for MLB..i hate to second guess myself on Seahawks but Patriots -1 -101 is very tempting

    would u guys throw another $400 on Patriots?

  2. #2
    SEAHAWKHARRY
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    Your throwing money away bear

    SEATTLE wins 64% of money hitting New England line isn't moving Vegas builds streets of gold off Super Bowl bettors

  3. #3
    sourtwist
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    Harry I have no prob with you.

    That said bear, dont listen to a word he says about this game.

    I have no other advice for you. Good luck.

  4. #4
    GunShard
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    You hedged enough.
    Let it ride.

  5. #5
    Big Bear
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    Quote Originally Posted by GunShard View Post
    You hedged enough.
    Let it ride.
    yeah i just feel like an idiot for laying unnecessary juice

  6. #6
    The Giant
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    Stay the course.

  7. #7
    Ratzz
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    Quote Originally Posted by Big Bear View Post
    Aight fellas I may have started another thread about this in the NFL forum awhile back but i couldnt find it...

    anyhow i got a seahawks to win super bowl future and i stand to have $4,400 coming
    to me (which includes the $800 i have invested )if Seahawks win.

    and i will have $2,020 if Patriots win which includes what i had to put down to hedge...

    I feel very fortunate that the Seahawks had a miracle come back and have made it this far so i feel like i had to hedge to ensure i get atleast some profit since the Seahawks covered 6 out of the last 8 games since i picked them to win super bowl and could potentially still not win the big game

    BUT what really bothers me is i had paid a ton of money in juice to hedge on this... i got -120 and i got -115 and -113... i dont have the numbers in front of me but i estimate i paid about $200-$300 in juice!

    right now i can get Patriots - 1 at -101 and i hate that i hedged and got a bad line so i am thinking about putting more on this

    Or maybe i should buy the Patriots bets back with Seahawks ML -102 and essentially not hedge at all bc this line movement probably means Seattle wins

    Basically i'm not really rollin in cash right now so i kinda need to make sure i get something out of this so i will be str8 for MLB..i hate to second guess myself on Seahawks but Patriots -1 -101 is very tempting

    would u guys throw another $400 on Patriots?
    can you spell k-a-r-m-a?

    how about d-o-o-m-e-d?

    Pats are DOOMED.

    put that dough on the Seahawks or give it charity.
    better yet, put it in the bank.'

  8. #8
    SEAHAWKHARRY
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    Quote Originally Posted by sourtwist View Post
    Harry I have no prob with you.

    That said bear, dont listen to a word he says about this game.

    I have no other advice for you. Good luck.
    I'm cool with you just that SEAHAWKS win line says everything majority on pats sea +1 still

    Just happens to be the same team I live but go look at all the different sites that show u betting consensus

    Nuff said

  9. #9
    Bigbill365
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    you have around a +400-+500 on the seahawks which is now at -110 or close to that so thats good.Now you have what $1,000 on pats to win around $1,000? If it was me i wouldnt bet no more on the pats id wait to see what numbers you can get in live betting if the opportunity comes and you can get Pats +EV money then take it for $400-$500 or take the points and hope for a middle if you can get a New England +3 take it rather then the ML

  10. #10
    STAX
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    Im usually against hedging, but I think hedging futures bets is a good idea sometimes. You got Seattle at a great price, and its a true 50/50 matchup in the Super Bowl, so yeah, I think your hedge is fine. I always like to try and find a middle somewhere... wonder what kind of price you'd have gotten on NE +3... -150 or -160 Im guessing. I'd have liked to have seen you put $2250 on NE +3 to win $1500... give yourself a chance to win em both...

  11. #11
    jjgold
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    Bear your a sharp mother fukker

    I love your position right now

    Keep up the excellent work

  12. #12
    italianbandit
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    Quote Originally Posted by SEAHAWKHARRY View Post
    I'm cool with you just that SEAHAWKS win line says everything majority on pats sea +1 still

    Just happens to be the same team I live but go look at all the different sites that show u betting consensus

    Nuff said
    This is meaningless.

  13. #13
    SEAHAWKHARRY
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    Quote Originally Posted by italianbandit View Post
    This is meaningless.
    Same thing said to me last year thanks
    Appreciate it
    Love your input and story

  14. #14
    laclippers504
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    Bear is a boss

  15. #15
    Russian Rocket
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    Quote Originally Posted by laclippers504 View Post
    Bear is a boss

  16. #16
    boomer62
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    Quote Originally Posted by Big Bear View Post
    Aight fellas I may have started another thread about this in the NFL forum awhile back but i couldnt find it...

    anyhow i got a seahawks to win super bowl future and i stand to have $4,400 coming
    to me (which includes the $800 i have invested )if Seahawks win.

    and i will have $2,020 if Patriots win which includes what i had to put down to hedge...

    I feel very fortunate that the Seahawks had a miracle come back and have made it this far so i feel like i had to hedge to ensure i get atleast some profit since the Seahawks covered 6 out of the last 8 games since i picked them to win super bowl and could potentially still not win the big game

    BUT what really bothers me is i had paid a ton of money in juice to hedge on this... i got -120 and i got -115 and -113... i dont have the numbers in front of me but i estimate i paid about $200-$300 in juice!

    right now i can get Patriots - 1 at -101 and i hate that i hedged and got a bad line so i am thinking about putting more on this

    Or maybe i should buy the Patriots bets back with Seahawks ML -102 and essentially not hedge at all bc this line movement probably means Seattle wins

    Basically i'm not really rollin in cash right now so i kinda need to make sure i get something out of this so i will be str8 for MLB..i hate to second guess myself on Seahawks but Patriots -1 -101 is very tempting

    would u guys throw another $400 on Patriots?
    Have you not learned from the last time you hedged a parlay and ended up giving back like 40% of your profit(lost the hedge). Now you are already giving back 2k on $3600, which means you only win $1600. If you like Seattle I would have waited to see if you can get Seattle +2 and buy a point and get them +3 and have the ML and plus a field goal. I wouldn't have hedged but if anything no more then original amount of $800.
    Haven't capped the game yet, but think Karma may be on Seattle side, good luck but don't always play it safe.

  17. #17
    italianbandit
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    Quote Originally Posted by SEAHAWKHARRY View Post
    Same thing said to me last year thanks
    Appreciate it
    Love your input and story
    I should have been more specific. Saying the line says everything is incorrect, it's just not true, neither is using a one game sample of last years super bowl. Talking about what you know being a fan of the Seahawks is better. Anyhow, I'll be on the Hawks myself. Good luck and enjoy the game, it should be fun.

  18. #18
    Double Bogey
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    Ever wonder why books have no problem with hedging? If you hedge your bets consistently, you need to study up on gambling principles. I guess dumb asses will never learn
    Nomination(s):
    This post was nominated 3 times . To view the nominated thread please click here. People who nominated: zizoudane10, Dollars2Donuts, and bigtymer56

  19. #19
    PAYTON20
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    Bear wtf man are you scared?

    Buy out of your hedge

  20. #20
    Dollars2Donuts
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    Quote Originally Posted by laclippers504 View Post
    Bear is a boss
    Sorry....you are the boss, Bear is a stain on SBR. You must have just been confused for a bit.

    I hope I helped straighten you out.

    Cheers

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